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Summary and Key Points: Behind the headlines about Iran’s war is what’s happening to ordinary Iranians: their money is becoming worthless.

-Inflation has hit a level the country hasn’t seen since World War II — the last time, people starved — and the rial has collapsed to a fraction of its value a decade ago. The regime has no plan to ease the pain, and one expert warns the streets could explode by summer.

U.S.

Summary and Key Points: The USS Nimitz, commissioned in 1975, is scheduled to decommission next spring after nearly 52 years of service — even as the Ford-class carrier meant to replace her, the USS John F. Kennedy, runs behind schedule and the Navy’s carrier fleet is already stretched thin across the Pacific, the Middle East, and now the Caribbean.

With shipbuilding delays showing no sign of easing, the question is whether retiring America’s oldest carrier on schedule leaves the fleet dangerously short.

USS Nimitz Sailing Near Canada. Image Credit: Creative Commons.

There aren’t many people who can say they once had nuclear missiles aimed at the same people they later recruited as an MTV audience. Bill Roedy might be the only one.
In May 2026, West Point’s Jefferson Hall Library and Learning Center dedicated its second-floor rotunda in Roedy’s honor. It’s an inspiring capstone for a man who graduated near the bottom of his class in 1970 and went on to launch HBO and give cable television a footing in households around the world. He would also give the Eastern Bloc its greatest access to Western music and culture.

Summary and Key Points: Iran just threatened to ‘completely’ close the Strait of Hormuz — the narrow waterway that carries a fifth of the world’s oil.

-If it follows through, the damage won’t stay in the Gulf: analysts warn of the worst oil crisis in history, record U.S. gas prices, and inflation in every grocery aisle.

An F-22 Raptor performs an aerial demonstration at Naval Air Station Oceana, Virginia, Sept. 21, 2025. Designed for both air superiority and ground attack missions, the F-22 demonstrates the flexibility and power of fifth-generation fighter technology. (U.S.

Summary and Key Points: Russia can’t seem to fight a war without breaking something — and the latest casualty is its own budget, thanks to the Ukraine conflict.

-The treasury is running billions over what Putin planned, the economy is inching toward recession, and the war bill keeps climbing into next year and beyond.

Tu-22M Backfire Bomber from Russia. Image Credit: Creative Commons.

-He’d hoped the oil-price spike from the Iran crisis would bail him out. It didn’t.

Nearly 82 years to the day after the USS Herring went missing during World War II, the Navy said it had found the wreck of a submarine that fought in three major theaters during the war before disappearing without a trace.
On Monday, the Navy’s Naval History and Heritage Command said that it had confirmed that a submarine wreck located nearly a decade ago off of Matsuwa Island, about 500 miles north of the Japanese mainland, was the Herring.

Summary and Key Points: Picture the war in Ukraine ending tomorrow on terms Putin can sell. The map might look like a draw. Russia’s place in the world would not. The country that invaded Ukraine to reassert itself as a great power wakes up as China’s junior partner, frozen out of the West, watching the empire it spent decades building — its bases, its clients, its own backyard — drift away. Putin went to war to make Russia feared. He’s made it smaller in every lasting way.

Summary and Key Points: From space, the project seems to have no end: more than 80 new nuclear launch pads spread across thousands of square kilometers of Chinese desert, ringed by bunkers and command nodes.

-A Reuters investigation pulled it into the open, and the analysts who studied the satellite images came away unsettled — one said he’d never seen anything like it.

-The scale points to a shift in China’s entire nuclear posture, and a single, sobering goal aimed at Washington.